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Wall Street up as retail, technology boost

Stocks rose on Tuesday, rebounding from a sharp fall in global equities in the previous session as better-than-expected results from big retailers offset a surprise drop in housing starts.

Euro, sterling rise on German, UK reports

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The euro rose on Tuesday, recovering from multi-week lows against the dollar and yen, after an unexpected gain in German investor sentiment boosted optimism about the euro zone economy.

Retailers help lift Wall Street

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Stocks rose on Tuesday, rebounding from a sharp fall in global equities the previous day, as better-than-expected results from retailers, including Home Depot Inc and Target Corp , offset a surprise drop in housing starts.
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Japan election pledges: How the main parties differ

The main opposition Democratic Party of Japan (DPJ), which has vowed to pay more heed to consumers than firms and break bureaucrats' grip on policy, leads the ruling Liberal Democratic Party (LDP) in voter opinion polls ahead of an August 30 election.
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New Credit Card Survey Compares 39 Cards, Fees, Rates

A new comparative survey of 39 credit card offers from many of the nation's largest U.S. banks and credit unions has been released, offering consumers an opportunity to study offers on the basis of annual fees and APR rates, and fees.
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Japan election campaign opens; voters eye change

Voters in Japan flocked to rallies on Tuesday as official campaigning began in an election that is expected to see Prime Minister Taro Aso's party ousted for only the second time in its 54-year history.
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Obama looks to Mubarak for help in Mideast peace

U.S. President Barack Obama, looking to jump-start the stalled Middle East peace process, will hold talks Tuesday with Egyptian leader Hosni Mubarak, who Washington hopes can help to get things moving.
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Iran ready for nuclear talks with West: state TV

A senior Iranian official said Tehran was ready for negotiations with the West on its disputed nuclear program based on mutual respect and without preconditions, state television reported on Tuesday.
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Palm plans for commercial application store launch

Software developers will be able to start charging for applications downloads to Palm Inc's high-profile Pre smartphone with the company's launch of an e-commerce beta program set to start in mid-September.
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Oil slips below $67 on weak U.S. housing data

Oil pared gains and stood below $67 a barrel on Tuesday as weak headline U.S. housing data renewed doubts over the pace of economic recovery in the world's largest energy user. Investors were also awaiting weekly U.S. fuel inventory reports due later on Tuesday and Wednesday, expected to show crude stockpiles have risen for the fourth straight week.
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Three indicted in largest U.S. identity theft scheme

Three men were indicted on Monday for allegedly stealing more than 130 million credit and debit card numbers in what U.S. authorities said they believe is the largest hacking and identity theft case ever prosecuted.
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Qwest to shut off its wireless service October 31

Qwest Communications International Inc said on Tuesday that it would discontinue its own-brand wireless service at the end of October and started telling customers they need to switch to another service.
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Target profit falls but beats Wall Street view

Target Corp reported its eighth consecutive drop in quarterly profit, but the results were better than Wall Street had expected as the No 2 U.S. discount retailer cut costs and stocked less merchandise.

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